Cramer and stewart meet on the daily show

Jon Stewart–Jim Cramer conflict - Wikipedia

Cramer and Stewart meet on The Daily Show . Cramer continued that he had previously idolized Jon Stewart: "The reason why it's been so hard for me, the. Cramer. Jon Stewart. Anyone looking for further proof that the media have latched onto popular rage It was there that Jim Cramer, the former hedge fund manager who hosts CNBC's “Mad Money,” They'll meet once again. The Daily Show: Discursive integration and the reinvention of political journalism. Political President Bush's image repair effort on Meet the Press: The complexities of defeasibility. Journal of More on the Jon Stewart/Jim Cramer ruckus.

The March 11 episode of The Daily Show only briefly mentioned the controversy by featuring a montage of various network news personalities repeatedly characterizing Stewart and Cramer's back-and-forth as a "war of words", "full-blown war" and "anchor war," which Stewart called a "largely manufactured battle. Cramer revealed trepidation to Martha Stewart about his upcoming appearance that night: How bad is it gonna be?

The 10 best times Jon Stewart kept it real on ‘The Daily Show’

Is he gonna kill me? And then suddenly to be attacked by a guy that's your idol makes it difficult. Stewart aired archive footage of Cramer admitting to the ease of manipulating markets and commented that Cramer's on-air personality lacks honesty: I understand you want to make finance entertaining, but it's not a fucking game.

And when I watch that, I get, I can't tell you how angry that makes me. Because what it says to me is: You all know what's going on. You know, you can draw a straight line from those shenanigans to the stuff that was being pulled at Bear, and AIG, and all this derivative market stuff that is this weird Wall Street side bet.

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The Daily Show showdown was mesmerizing but not quite satisfying.

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In addition, Stewart apologized to Cramer for the personalized nature of the media coverage by saying, You now have become the face of this, and that is incredibly unfortunate. Because you're not the face of it, you shouldn't be the face of it.

You were the person that was, uh, I-don't-know-what enough to stand up and go, 'Hey, that wasn't fair! Cramer, much more subdued than on his own show, took turns apologizing, defending his past coverage and promising to try and get back to the basics of financial reporting in the future.

It's one thing for media critics like me to pore through hundreds of articles to say the press didn't quite do its job as a watchdog of the nation's financial system. It's another for Stewart to cudgel a channel that has often championed the markets at a time when so many people have lost so much of their net value. Richard Cohen of The Washington Post called it a "cheap shot at business media". Carlson also implied that Stewart was attacking CNBC because he was unwilling to go after the new Democratic administration as he had in the past with the administration under George W.

Instead, CNBC issued a broad statement in defense of its track record: Recognized as the worldwide leader in business news, CNBC produces more than hours of live television a week that includes more than interviews in the service of exposing all sides of every critical financial and economic issue.

We are proud of our record and remain committed to delivering coverage in real-time during this extraordinary story and beyond. The letter demanded that the network set higher journalistic standards and said that, "Americans need CNBC to do strong, watchdog journalism — asking tough questions to Wall Street Funded by the Progressive Change Campaign Committeea political action committee focused on electing progressive Democrats in congressional elections, the group also launched a website, fixcnbc.

I didn't defend myself because I wasn't prepared. What was I supposed to do, talk about how often I had been right? I was mad, but I didn't want to give the audience any blood. Your money is safe in Citi as I said it was in Bear. The fact that I was right rankles me even more.

So Jim Cramer, I apologize," Stewart said. He then promptly showcased video of Cramer suggesting the safety of Bear Stearns stock during the Lightning Round on Mad Money, eleven days prior to the collapse of Bear Stearns. Stewart then stated, "He's not saying literally 'I'm asking you to buy Bear Stearns'; for that you have to go back a full seven weeks before the stock completely collapsed.

Jon Stewart is a comedian, and he's decided to focus on some calls I made during a bull market. The guy is a comedian. Commentator Joe Scarborough weighed in on the feud, criticizing Stewart and The Daily Show for being unfair to those ideologically opposed to Stewart: Tell us where America needs to go in the future. And let us take a microphone around and a camera around with him 24 hours a day for a couple of months and then we can edit out all the mistakes he makes.

It's very easy to shoot at the arena. Feud between CNBC and The Daily Show continues to escalate Cramer defended himself in a column published on March 11, which claimed that Stewart's criticism of Cramer had taken his words out of context.

He also said that he had told his viewers to sell all their stocks in October The March 11 episode of The Daily Show only briefly mentioned the controversy by featuring a montage of various network news personalities repeatedly characterizing Stewart and Cramer's back-and-forth as a "war of words", "full-blown war" and "anchor war," which Stewart called a "largely manufactured battle.

Cramer revealed trepidation to Martha Stewart about his upcoming appearance that night: How bad is it gonna be?

Jim Cramer and Jon Stewart's Daily Show showdown.

Is he gonna kill me? And then suddenly to be attacked by a guy that's your idol makes it difficult. Stewart aired archive footage of Cramer admitting to the ease of manipulating markets and commented that Cramer's on-air personality lacks honesty: And when I watch that, I get, I can't tell you how angry that makes me.

Because what it says to me is: You all know what's going on.

Jon Stewart–Jim Cramer conflict

You know, you can draw a straight line from those shenanigans to the stuff that was being pulled at Bear, and AIG, and all this derivative market stuff that is this weird Wall Street side bet. In addition, Stewart apologized to Cramer for the personalized nature of the media coverage by saying, "You now have become the face of this, and that is incredibly unfortunate.

Because you're not the face of it, you shouldn't be the face of it. You were the person that was, uh, I-don't-know-what enough to stand up and go, 'Hey, that wasn't fair!

Cramer, much more subdued than on his own show, took turns apologizing, defending his past coverage and promising to try and get back to the basics of financial reporting in the future.